Estate Return

[Acownt4it]

I am fried.
Are funeral expense a deduction subject to the 2% floor? Or are they not even deductible?

[Gretel]

Funeral expenses are a deduction on 706 only not on 1041.

[Acownt4it]

Thank You

That is what I thought and kept reading. I sometimes wind up chasing my tail and confusing myself. Thank you Gabriele for your response.

[Gretel]

That is what I thought and kept reading. I sometimes wind up chasing my tail and confusing myself. Thank you Gabriele for your response.

You are quite welcome and join the tail chasing club. I am advanced in that club, you know.